U.S. Oil & Gas plc - Regulatory Update PR Newswire Regulatory Update U.S. Oil & Gas Plc, ("USOIL" or the "Company"), the oil and gas exploration company with assets in Nevada, makes the following announcement: At the request of the Biden Administration, under Order No. 3395 dated 20 January 2021, and reported 21 January, the acting Secretary of the U.S. Dept of the Interior, Scott de la Vega has suspended leasing for fossil fuel production on federal lands and waters, as well as the issuing of new drilling permits. The suspension is to last for 60 days while legal and policy implications are evaluated.